IT sector expects fresher hiring surge in FY25 with deal growth, attrition decline

[ad_1] The IT sector in India, after a complete fiscal of low-to-no freshers and entry-level hiring, will see fresher hiring pick up in FY25. As the deal pipeline swells, attrition comes down, and utilisation levels peak amid a tough demand...

Mcap: 6 of top 10 valued firms take ₹1.40 lakh crore hit; TCS, Infosys biggest laggards

[ad_1] The combined market valuation of six of the top 10 valued firms eroded by ₹1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit.Last week, the BSE benchmark declined 1,156.57...

For the first time in a decade, top 3 IT services firm see dip in headcount

[ad_1] Once a major force for offering employment in the country, IT services firms have seen a reduction in their workforce for the first time in at least a decade. Large Indian IT firms pruned their workforce during fiscal 2024...

Sensex, Nifty open lower; IT stocks drag

[ad_1] Domestic market opened lower on Friday’s early trade. BSE Sensex was down by 477.79 pts or 0.66 per cent to trade at 72,011.20 as of 9.31 am, and Nifty 50 declined by 165 pts or 0.75 per cent to trade at 21,830.85.All sectoral indices traded...

Stocks that will see action today: April 19, 2024

[ad_1] Infosys Ltd has said its FY25 revenue growth is likely to between 1 and 3 per cent. The company also missed estimates on the US Dollar revenue, margin and profit front. The profit optically looks a beat but that...

At ₹7,969 crore, Infosys records flat net profit in Q4, guides modestly for FY25

[ad_1] Bengaluru-based IT major Infosys registered flat revenue growth in the fourth quarter, missing market expectations. Its guidance for FY25 too remained conservative, amid a continued downturn for the sector. Revenue from operations stood at ₹37,923 crore, flat on a quarter-on-quarter...

Infosys Q4 profit surges 30% to ₹7,969 crore, announces acquisition of German firm in-tech

[ad_1] IT company Infosys on Thursday said its consolidated profit jumped 30 per cent to ₹7,969 crore in the fourth quarter ended March 2024.Also read:Q4 results preview: Infosys revenue seen lower as IT spend slows The company posted a profit...

Infosys Q4 revenue seen lower as IT spend slows

[ad_1] IT major Infosys is set to announce its fourth-quarter earnings today, amid a sectoral downturn due to macroeconomic headwinds. In the last quarter, the company remained cautious and further narrowed its guidance. As the results of a new quarter...

Infosys, Intel team up to drive enterprise growth with Gen AI

[ad_1] Infosys and chip giant Intel on Wednesday announced expansion of their strategic collaboration to assist global enterprises in accelerating their AI journeys.The advanced artificial intelligence (AI) solutions offered as a part of this partnership will aim to help businesses...
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